Property Prices In Malta Increased By 6.9% During 2024

Jan 10 2025

Malta’s housing prices rose by 6.9% in the fourth quarter of 2024 compared to the same period in 2023, nearly doubling the average increase across the European Union (EU).

Data published by Eurostat shows this growth was consistent throughout the year, with earlier quarterly increases of 6.9% and 6.7%.

Several EU countries recorded housing price declines during the same period. France saw a 3.5% decrease, Finland recorded a 2.8% drop, and Luxembourg experienced a 1.7% decline despite being among the most expensive housing markets in the EU.

Bulgaria registered the highest annual housing price growth at 16.5%, followed by Poland at 14.4% and Hungary at 13.4%.

Quarter-on-quarter comparisons revealed that prices fell slightly in Finland (-0.6%) and Estonia (-0.5%) but increased in 24 other Member States.

Bulgaria (+3.9%), Portugal (+3.7%), and the Netherlands (+3.6%) recorded the strongest quarter-on-quarter growth.

#MaltaDaily

Higher Love Festival to Kickstart Malta’s 2025 Festival Season

Jan 10 2025

Malta’s festival season is set to kick off in spectacular style with the Higher Love Festival, taking place from the 1st to the 5th of May 2025 across some of the island’s most iconic venues. With some major names across a couple of stellar locations, Higher Love promises an unforgettable start to the summer with an incredible lineup that will leave music lovers buzzing.

Headlining the festival is none other than Marco Carola, joined by the sensational Oden & Fatzo (Live), deck dons Max Dean & Luke Dean, and the legendary Armand Van Helden as a special guest. As if that weren’t enough, the festival has teased a Secret Guest headliner who will be revealed soon.

Tickets for this island extravaganza will go on sale Tuesday, and with such a stacked lineup, they’re expected to sell out fast.

While it’s still January, the thought of crystal-clear waters, golden sunsets, and Malta’s breathtaking backdrops paired with pulsating beats has us counting the days. Stay tuned for more announcements, and get ready to dance the night away as Malta officially welcomes summer with the sound of house music’s biggest stars!

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The highly anticipated arrival of some legendary dance music brands in Malta, paired with Malta’s leading events organisers G7 Events makes it a match made in heaven for music lovers and festival-goers so trust us, mark your calendars and visit wearehigherlove.com for more info.

Send this to your festival squad ASAP.

#MaltaDaily

‘Not More Speed Cameras, But Driver Education Through AI’

Jan 10 2025

Following an article which shared our followers’ opinions in regards to whether there should be more speed cameras on our roads, entrepreneur Alexiei Dingli proposed AI as a solution to this issue.

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Dingli reached out to MaltaDaily, and highlighted how this is the issue which the minds behind Digital Brain aims to address.

“Rather than going for the stick, go for the carrot”, Dingli said. “We believe in educating and making people conscious of their driving habits.”

“There are already hundreds of monitoring cameras around Malta. ‘With AI, our system can monitor dangerous drivers (overspending, etc.) amongst all of these cameras and then the authorities can target education campaigns to make them aware of these faults so that they correct them.”

Dingli even recommended having the officers closest to drivers being a danger to others being summoned automatically by the system to take action.

According to Digital Brain, ‘the Real-Time Traffic Monitoring and Analysis module, functions as its central nervous system. By deploying an extensive network of traffic cameras and sensors across the island, the system continuously gathers and processes data, transforming raw information into actionable insights.’

“What do you make of this solution?”

#MaltaDaily

Final Farewell For Late Alejandro Brincat

Jan 10 2025

Recent car crash victim Alejandro Brincat was given one final farewell at Rabat’s Kolleġjata Bażilika u Proto-Parroċċa ta’ San Pawl.

With fellow footballers from Vittoriosa Stars lining the entrance to the church, Brincat was given an applause upon entrance to the church as loved ones gathered to offer their tribute and condolences to others he held dear.

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A statement was issued by his mother for those attending to dress smart casual, ‘as my son used to love to dress. Blue and white were his favourite colours.’

Rest in peace, Alejandro.

#MaltaDaily